Date: September 20th, 2002 08:41 am (UTC)From: [identity profile] tinyjo.livejournal.com
Correction. According to the BBC (http://www.bbc.co.uk/business/info/basics/articles/tax265.shtml)

In the past NICs were treated as a independent pot of government money used specifically to fund social security benefits ... But now the money raised goes into the general Treasury coffers
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Emptied of expectation. Relax.

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